Profits Interest – Converting Compensation to Capital Gains and Other Planning Ideas
(The Florida Bar Journal,Volume 81, No. 11 December 2007)
This article focuses on an explanation of the tax treatment of a profits interest in structuring executive compensation packages by entrepreneurial ventures, in estate planning to transfer wealth to younger generations, as a bail-out from the double tax regime for potential appreciating property owned by a C corporation and as a restructuring of contingency fees for personal physician injuries.